Company Number: 13452692

Analysis Date: 2025-07-29 14:04 UTC

1. Risk Rating: MEDIUM
   The company exhibits modest net assets and working capital, with very limited scale and resources typical of a micro-entity. While it is not insolvent, the low asset base and minimal liquidity buffer suggest vulnerability to financial stress or unexpected expenses.

2. Key Concerns:

• Limited liquidity: Current assets barely exceed current liabilities (£1,753 vs £1,478 in 2024), leaving a narrow margin for meeting short-term obligations.
• Small scale and single employee: With only one employee (the director) and micro company status, operational capacity and resilience are limited.
• Declining net assets: Net assets reduced from £476 in 2023 to £275 in 2024, indicating potential erosion of equity and financial strength.

3. Positive Indicators:

• Compliance with filings: No overdue accounts or confirmation statement filings, indicating sound regulatory compliance.
• Active status with no liquidation: The company is active, solvent, and not undergoing any insolvency procedures.
• Consistent small positive net working capital: Despite declines, the company maintains positive net current assets each year.

4. Due Diligence Notes:

• Review cash flow statements and detailed profit and loss accounts (not provided) to assess operational profitability and cash generation.
• Investigate the nature of current liabilities to understand if any short-term debt could pressure liquidity.
• Confirm the business model sustainability given the very small scale and limited resources.
• Verify the background and capacity of the sole director to manage and grow the company.